NOVO NORDISK A/S-B (NOV.DE) Stock Technical Analysis
Europe - Frankfurt Stock Exchange - FRA:NOV - DK0062498333 - Common Stock
Overall NOV gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. NOV was also a bad performer in the overall market in the last year.
NOV has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
38.42
3 important support areas can be observed.
- A support zone ranging from 41.83 to 42.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @40.98 from a trend line in the daily time frame.
- A support zone ranging from 38.81 to 39.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 44.42 to 44.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for NOV.DE is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NOV.DE is up. |
| ChartMill Relative Strength | 5.25 | NEGATIVE | NOV.DE has a low relative strength, it was outperformed by 94.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NOV.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NOV.DE is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NOV.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.03 | NEUTRAL | The RSI value for NOV.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests NOV.DE has a positive trend. |
| Stochastics (14,3) | 81.14 | OVERBOUGHT | The high Stochastics value suggests NOV.DE may be overbought. |
| Average True Range in percent/ATR (20) | 3.04 | MEDIUM VOLATILITY | The ATR as a percentage value for NOV.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 18.71 | NEGATIVE | The low ADX value for NOV.DE suggests a weak or negative trend. |
FRA:NOV (1/2/2026, 5:29:21 PM)
44.325
+0.29 (+0.65%)
NOVO NORDISK A/S-B / NOV.DE FAQ
What is the technical rating for NOV stock?
ChartMill assigns a technical rating of 2 / 10 to NOV.DE.
Can you provide the trend direction for NOVO NORDISK A/S-B?
The current trend direction for NOVO NORDISK A/S-B (NOV.DE) is Bearish.
What is the RSI signal for NOV stock?
NOVO NORDISK A/S-B (NOV.DE) has an RSI value of 58.0257. This indicates that the stock is currently neutral.
What is the MACD signal for NOV stock?
The MACD indicator for NOVO NORDISK A/S-B (NOV.DE) has a value of 0.395834, indicating a bearish trend.
Can you provide the buy/sell signal for NOVO NORDISK A/S-B?
The buy/sell signal for NOVO NORDISK A/S-B (NOV.DE) is hold as the short term and long term trends are mixed.